Manager, Finance

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Company Description

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

This is a financial leadership role within the Aesthetics US finance team accountable for financial review of customer contracts, net cost recovery, and sales allowance pricing governance with respect to top accounts. This role would directly partner with the Professional Loyalty & Governance team as well as various finance teams across AbbVie.

Responsibilities:

• Responsible for end-to-end finance review process and key deliverables for the quarterly contract renewal cycle. Evaluate customer sales volume and current contract offers to ensure renewals align to evolving business strategy. Strong sense of ownership and accountability over all deliverables to achieve required timelines.
• Review commercial program proposals, investigate and liaison with US Contracts and Pricing Finance team to assess Government reporting implications (i.e. AMP, Best Price, product un-bundling). Determine program feasibility, operational requirements and advise senior management.
• Execute key controls to ensure approved discounts are captured in AbbVie reporting applications completely and accurately. Partner closely with Physician Loyalty and Contracting teams on control, SOPs, and best practices over customer pricing.
• Provide strong partnership and strategy to influence business partners, drive decisions, and optimize contract performance. Demonstrate clear understanding on how performance drives gross to net forecasting and results.
• Drive continuous improvement by supporting new, ad hoc, temporal or other strategic pricing initiatives as requested by commercial business partners and management.
• Perform quarterly and ad hoc net cost recovery analyses for multiple scenarios to ensure forecasted volume and price aligns with current business strategy.
• Perform quarterly and ad hoc monitoring over 1) rebate constructs that impacts product unbundling calculations for offers currently in market and 2) all potential offers impacting price unbundling before customer contracts are finalized. Support the quarterly accrual process with documented support for complex manual journal entries.
• Track contract rebate performance and present the post-mortem evaluation of contract performance for each contract renewal cycle to understand the impact of new terms.
• Support pricing governance through controls and ad hoc monitoring to ensure approved contract pricing is recorded completely and accurately in AbbVie systems.
• Document, own, and maintain desktop procedures over all key processes.

Qualifications

• 4-year undergraduate degree, with emphasis in finance or accounting preferred
• 7+ years related work experience in FP&A, Contracting or Price forecasting preferred
• Ability to work productively within a team environment and perform duties independently while keeping Finance management informed.
• Must have excellent oral and written communication skills as job responsibilities include communicating with various levels of management.
• Proficient in creating and maintaining highly complex Excel financial models.
• Requires an ability to respond to change and adapt quickly to change to achieve required timelines.
• Strong analytical skills including use of Excel, advanced modeling, and systems (SAP, Conga/Salesforce, Model N). Power Query, PowerBI, ThoughtSpot, Tableau knowledge a plus.
• Must be comfortable breaking down large amounts of data.
• Raises the bar and is never satisfied with the status quo. A champion of process improvement and automation to decrease time spent on reoccurring tasks.
• Strong interpersonal skills, including being a team player; comfortable working with cross-functional teams, while also having the ability to partner with and influence others.
• Knowledge of Allergan brands, cash pay vs reimbursement distribution models, AbbVie/Allergan reporting systems and gross to net accounting is preferred.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:

• The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of thisposting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location,and we may ultimately pay more or less than the posted range. This range may be modified in the future.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
• This job is eligible to participate in our long-term incentive programs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission,incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless anduntil paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.

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